This week we’re talking about global mobile users growth, Youtube vs Netflix?, UPS drone delivery, Bitcoin getting a corporate boost
A new GSMA study states that by mid-2017, there will be 5 billion unique mobile subscribers. That will be a little more than 70% of the world population. It is expected to hit 75% by 2020, primarily driven by large Asian markets. India itself is expecting to have 310 million new mobile subscribers by 2020. Yes, that is as if the entire population of the United States got their first mobile phone in a 3 year span.
It is estimated that since 2010 mobile operators have invested over 1 trillion dollars into their networks. The investment is clearly paying off. They anticipate commercially available 5G networks to roll out in 2019, and 4G network coverage to double by 2020.
Is anyone actually surprised? Cable companies are expected to lose $1 billion next year because of Netflix, et al., with the average consumer saving $104 a month switching to subscription services. So this is what Youtube is offering:
- It’s a standalone app, called Youtube TV
- For $35 a month, subscribers get all four major networks — ABC, CBS, FOX, and NBC — and roughly 35 cable channels.
- Like other streaming services, the monthly fee covers the use of several accounts, in this case six. 3 accounts can watch different streams at the same time.
And it’s not actually live yet, but will be released in the next few months. Looks like a new kid is on the block!
It has been a killer week for bitcoin. Tuesday, the cost of 1 bitcoin reached an all-time high of $1210. And it keeps rising, at this moment it is $1258. This time last year 1 bitcoin was around $400, and $270 in the previous year.
Potentially securing bitcoin’s future in main-stream business is a new alliance of 28 major corporations. The Enterprise Ethereum Alliance (EEA) was announced yesterday, including businesses such as Accenture, Intel, and Microsoft, and over two dozen banks including J.P. Morgan, UBS Group, and Santander. They are uniting their efforts to improve the Ethereum blockchain. Blockchain is the crucial technology that underpins bitcoin, yet there are still questions regarding its scalability and security when applied to business applications. By agreeing to collaborate on improving the Ethereum blockchain they hope to streamline some of their business processes in the future, and may indirectly help many non-Alliance businesses as well.